Quote from: fzkto on June 03, 2023, 11:22:58 AM

Quote from: kesmex on June 03, 2023, 09:55:09 AM

Quote from: fzkto on June 03, 2023, 08:41:01 AM

Quote from: mich on June 01, 2023, 06:10:29 AM

Tether will mine Bitcoin using renewable energy in the country of Uruguay. This is after last month saying it will invest portion of its profits in Bitcoin.

It is for reasons like that I trust this stablecoin. It has new ideas and giving back to Bitcoin. https://finance.yahoo.com/news/tether-start-mining-bitcoin-uruguay-024131625.html

I guess Tether understands the perspective of bitcoin, which is why they invest in bitcoin and even decided to go into mining. That means they are doing well in business and can really be trusted. But it still doesn't mean they can't have problems with the US government because usdt is a surrogate dollar.

that's the problem because in the US we know how strict the rules regarding crypto currency are,
moreover USDT was in the US a lot of FUD a few years ago but USDT was able to answer emphatically that they were fine in terms of reserves,
so I think we can trust USDT for now.

I wasn't talking about reserves, I was talking about the fact that Tether is not a real dollar. I think at any moment there could be problems because of this. Especially when the US develops CBDC. Tether will turn out to be a competitor for that digital currency because any user can use it.

Indeed, Tether is not real dollars but tether reserves have also been told to all of us that they have real dollar reserves at the Tether company,
so why should you hesitate? I'm sure everyone here still uses USDT as their stable coin, and from this it's clear the answer is that they still believe,
even Binance still keeps a lot of USDT on their exchange.